To all you good folk who are thinking you will buy it tomorrow because it is going to make your fortune because someone said that its worth a minimum of 30MC (4.5 cents), or maybe 10 times that if we compare it to say, RAP.
There is both good news and bad in this prediction. The good news is that yes, it is most likely worth a lot more than it is now. The bad news is that the stock is now in the hands of traders, and their first interest is to make money, which is a different goal from valuing a company correctly.
Traders will sell their grandmother to make a quid, the point being, that NHL will be bought and sold in next days according to traders desires, which also includes the strong urge not to lose money. It will be sold just as quick as it is bought.
So unless you really know what you are doing in day trading, take care. Remember that those who are going to make coin in this are those who bought today. They'll make their money when they sell you their shares tomorrow.
Next lesson about the real valuation of the company at this end of the market is, not what you can calculate hypothetically, but what the market arrives at once traders have had their way. So if you really want to know how to value this company, calculate the sentiment of every trader and investor who is going to buy and sell this stock.
Good luck with that.
NHL Price at posting:
2.7¢ Sentiment: None Disclosure: Not Held
